Smartgroup Balance Sheet Health
Financial Health criteria checks 4/6
Smartgroup has a total shareholder equity of A$239.2M and total debt of A$79.3M, which brings its debt-to-equity ratio to 33.2%. Its total assets and total liabilities are A$542.7M and A$303.5M respectively. Smartgroup's EBIT is A$99.5M making its interest coverage ratio 27.8. It has cash and short-term investments of A$24.3M.
Key information
33.2%
Debt to equity ratio
AU$79.34m
Debt
| Interest coverage ratio | 27.8x |
| Cash | AU$24.30m |
| Equity | AU$239.20m |
| Total liabilities | AU$303.50m |
| Total assets | AU$542.70m |
Recent financial health updates
No updates
Recent updates
Returns At Smartgroup (ASX:SIQ) Appear To Be Weighed Down
May 01
Some Confidence Is Lacking In Smartgroup Corporation Ltd's (ASX:SIQ) P/E
Apr 13Under The Bonnet, Smartgroup's (ASX:SIQ) Returns Look Impressive
Dec 14An Intrinsic Calculation For Smartgroup Corporation Ltd (ASX:SIQ) Suggests It's 48% Undervalued
Jun 08Is Smartgroup Corporation Ltd's (ASX:SIQ) 7.2% Dividend Sustainable?
Apr 12Investors Shouldn't Overlook The Favourable Returns On Capital At Smartgroup (ASX:SIQ)
Mar 29Have Insiders Been Buying Smartgroup Corporation Ltd (ASX:SIQ) Shares This Year?
Mar 16Do These 3 Checks Before Buying Smartgroup Corporation Ltd (ASX:SIQ) For Its Upcoming Dividend
Mar 03Smartgroup Corporation Ltd's (ASX:SIQ) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?
Feb 25Should You Investigate Smartgroup Corporation Ltd (ASX:SIQ) At AU$7.68?
Feb 12
Smartgroup (ASX:SIQ) Has Compensated Shareholders With A Respectable 93% Return On Their Investment
Feb 01What Percentage Of Smartgroup Corporation Ltd (ASX:SIQ) Shares Do Insiders Own?
Jan 19Should You Buy Smartgroup Corporation Ltd (ASX:SIQ) For Its Dividend?
Jan 05Are Investors Undervaluing Smartgroup Corporation Ltd (ASX:SIQ) By 43%?
Dec 24Is Smartgroup (ASX:SIQ) Likely To Turn Things Around?
Dec 13Need To Know: Smartgroup Corporation Ltd (ASX:SIQ) Insiders Have Been Buying Shares
Dec 01Do Fundamentals Have Any Role To Play In Driving Smartgroup Corporation Ltd's (ASX:SIQ) Stock Up Recently?
Nov 20Financial Position Analysis
Short Term Liabilities: SIQ's short term assets (A$212.9M) do not cover its short term liabilities (A$220.4M).
Long Term Liabilities: SIQ's short term assets (A$212.9M) exceed its long term liabilities (A$83.1M).
Debt to Equity History and Analysis
Debt Level: SIQ's net debt to equity ratio (23%) is considered satisfactory.
Reducing Debt: SIQ's debt to equity ratio has increased from 22.1% to 33.2% over the past 5 years.
Debt Coverage: SIQ's debt is well covered by operating cash flow (93.1%).
Interest Coverage: SIQ's interest payments on its debt are well covered by EBIT (27.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 22:55 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Smartgroup Corporation Ltd is covered by 15 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Russell Wright | Barclay Pearce Capital Pty Limited |
| Hayden Nicholson | Bell Potter |
| Paul Buys | Canaccord Genuity |